A MANUFACTURER OF SWEETS HAS A TURNOVER BELOW 20 LAC IN PREVIOUS YEAR AND HE EXPECT HIS TURNOVER WILL NOT TOUCH IN FURTHER .
IN THIS SITUATION HE LIKE TO SURREDAR HIS VAT LICENCE AFTER SALE ALL HIS STOCK AS ON 30.6.17 AND DOES NOT LIKE TO ENTER IN GST .AND HE DID NOT MIGRATE HIS VAT NO. IN GST .
FURTHER HE WANT TO LIVE AS UNREGISTERED DEALER .HE WILL PURCHASE ALL GOODS AFTER PAYING GST IN FUTURE.
IS THIS RIGHT WAY OR NOT ,PLEASE SUGGEST .
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A REGULAR TAX PAYER IN VAT HAS A TURNOVER BELOW 20 LAC ,MAY HE SURREDAR RC .
Replies (4)
He Surrender his Registration Certificate
No more action taken under VAT act if you have no liabilities. Just you can leave the process it's automatically landed.
If you migrated under GST you can surrender the license....
If you migrated under GST you can surrender the license....
how to surrender GSTN certificate ?
After Amendment section ll be opened.... You can do it....
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